Printer Friendly
The Free Library
19,122,084 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

CompuMed, Inc. Announces Latest Contracts to Provide Remote ECG Screening; Contract Renewals with the GEO Group, Nevada DOC and the City and County of San Francisco Reinforce Company's Dominance in Correctional Facility Market.


LOS ANGELES -- CompuMed, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CMPD CMPD Charlotte-Mecklenburg Police Department (Charlotte, NC)
CMPD Compound
CMPD Chronic Myeloproliferative Disorder
CMPD Campomelic Dysplasia
CMPD Custom Microcomputer Program Design
) -- a medical informatics company serving the healthcare community with diagnostic software solutions -- today announced it has renewed agreements to provide electrocardiogram electrocardiogram /elec·tro·car·dio·gram/ (-kahr´de-o-gram?) a graphic tracing of the variations in electrical potential caused by the excitation of the heart muscle and detected at the body surface.  (ECG) remote interpretation systems and services for GEO Group (NYSE NYSE

See: New York Stock Exchange
:GGI), the Nevada Department of Corrections The Nevada Department of Corrections (NDOC) is a governmental agency in the U.S. state of Nevada.

NDOC headquarters is located in Carson City, Nevada. External links
  • Nevada Department of Corrections
 (NDOC NDOC National Defense Operations Center ) and the City and County of San Francisco Jail Health Services.

Under the terms of the GEO Group agreement, CompuMed will employ its CardioGram cardiogram /car·dio·gram/ (kahr´de-o-gram?) a tracing of a cardiac event made by cardiography.

apex cardiogram  apexcardiogram.

precordial cardiogram  kinetocardiogram.
 system to provide remote cardiac screening for detainees at the 14 select GEO Group facilities that outsource healthcare services. Based in Boca Raton, Florida Boca Raton ("bōkə rə-tōn") is a city in Palm Beach County, Florida incorporated in May 1925. As of the 2000 census, the city had a total population of 74,764; the 2006 population recorded by the U.S. Census Bureau was 86,396. , GEO Group is a world leader in privatized correctional and detention services management. Under the terms of the two-year NDOC agreement, CompuMed will continue to provide interpretative ECG services for the correctional system's seven facilities. The five-year City and County of San Francisco contract calls for CompuMed to provide interpretive ECG services for the jurisdiction's six city jails.

"We are delighted to maintain partnerships with these and all of our other correctional facility clients," said Jerry McLaughlin, CompuMed's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Our solid base of customers clearly recognizes the value-added service that we provide, and this recognition will continue to grow as we work to broaden our offerings in the telemedicine field."

The three contract renewals announced today extend CompuMed's growing dominance as the leading provider of remote ECG screening for the correctional facility market. Over the past two years, the company has announced long-term contracts with statewide correctional departments in several states including New York, California and Nevada. Those contracts involve hundreds of ECG terminals and ongoing remote interpretation services.

CompuMed's traditional core business is providing remote ECG interpretation terminals and related services to medical facilities that may not have access to physicians trained and qualified to interpret ECG results. Customers for the Company's CardioGram system are typically correctional facilities, ambulatory surgery centers, occupational health clinics and physicians' offices. The system reduces healthcare costs significantly by providing remote cardiac screening at the point-of-care. Another advantage is an optional feature that automatically sends ECG results to a trained cardiologist for an overread when the results are abnormal.

About CompuMed

Founded in 1973, CompuMed, Inc. (OTCBB:CMPD) is a leading provider of computer-aided telemedicine and diagnostics technology. The Company's core products are the OsteoGram(R) and CardioGram systems. The OsteoGram, which is cleared by the FDA FDA
abbr.
Food and Drug Administration


FDA,
n.pr See Food and Drug Administration.

FDA,
n.pr the abbreviation for the Food and Drug Administration.
 for commercial use, is an accurate and precise technology for cost-effective osteoporosis testing. The CardioGram system remotely interprets electrocardiograms and is used by private practice, government and corporate healthcare providers nationwide. CompuMed is headquartered in Los Angeles. Visit CompuMed at www.compumed.net or call (310) 258-5000.

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Forward-looking statements include statements concerning CompuMed's plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements that are not statements of historical fact. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, ability to raise capital, the availability of appropriate acquisition candidates and/or business partnerships, economic conditions, the impact of competition and pricing, capacity and supply constraints or difficulties, government regulation and other risks identified in the Company's filings with the Securities and Exchange Commission. All such forward-looking statements are expressly qualified by these cautionary statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof, except as required by law.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Comment:CompuMed, Inc. Announces Latest Contracts to Provide Remote ECG Screening; Contract Renewals with the GEO Group, Nevada DOC and the City and County of San Francisco Reinforce Company's Dominance in Correctional Facility Market.
Publication:Business Wire
Geographic Code:1USA
Date:Jun 13, 2006
Words:579
Previous Article:Linux Messaging Leader Scalix Climbs Past 1 Million Mailbox Mark With Over 10,000 Deployed Email Servers; Market Momentum Continues With Over 350...
Next Article:Fairchild Semiconductor's 4x4mm Dual-Band Power Amplifier Saves Space, Extends Range in WLAN Applications; the Highly Integrated FMPA2151 Enhances...
Topics:



Related Articles
DEAL COULD BRING UP TO 300 INMATES TO CAL CITY.
SECOND PRISON EFFORT UNDER WAY IN CALIFORNIA CITY.
COMPANY SUBMITS PLAN TO BUILD PRISON IN CALIFORNIA CITY.
CompuMed, Inc. Announces Latest Contracts to Provide Remote ECG Screening That Reaffirm Correctional Market Dominance; Winning Bid with Nebraska DOC...
CompuMed, Inc. Announces Third Quarter Fiscal 2006 Financial Results; Company Integrates OsteoGram(R) Into Latest Partner Platforms.
CompuMed Participates in 2nd Peripheral Bone Densitometry Workshop in Chengdu, China.
CompuMed, Inc. Announces New Contract with Wexford Health Sources to Provide Remote ECG Screening to Correctional Sites in Mississippi.
CompuMed, Inc. Announces Fiscal 2005 Year-End Financial Results.
CompuMed CEO Comments on Recent Analyst Report and Provides Business Update.
CompuMed, Inc. Announces Second Quarter Fiscal 2007 Financial Results.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles